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THREE WEEKS TO REIT REVALUATION
Wednesday, August 10, 2011 Dear Member-Partners and Member-Candidates, The IGW REIT unit values are slated for repricing on September 1. This is an excellent opportunity for you to consider purchasing the 10% IGW REIT Intro Units. These units offer a price-protection feature, which you may find particularly comforting given the uncertainty in the public markets currently. The Intro Units work like this: For the first six-months, the IGW REIT Intro units begin as a special class of Income Priority units that earn 10% per annum. Six months later, at your option, they can either be converted to five- or seven-year Income Priority Units yielding 8% and 9% respectively (reminder that these IPU rates will be dropping on September 6, so please ensure that you get your subscription in for the 10% intro unit before then as any subscriptions afterwards will be subject to the lower rates). If you do nothing, they will automatically be converted to IGW REIT Class AAA units at their lowest value recorded during the previous six months. This last feature amounts to a price protection feature that ensures you get the most for your money, no matter what direction the value may turn during that six-month period. Currently, the unit value of the Traditional Class AAA IGW REIT Unit is $1.055, with distributions of 7.5 cents per unit per annum. Consequently, if you wish to purchase IGW REIT units at their current value, you still have time in which to do so. The last day for subscriptions at the current unit price is Friday, August 26. Should you have any questions, please get in touch with your Member Services Manager. Warmest regards,
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